Archive for March 9th, 2011

Gas Prices Rise, Will Consumer Spending Fall?

Gas Prices Rise, Will Consumer Spending Fall?
First the good news...Corporate earnings have been good to great and manufacturing output remains healthy; The PMI has remained well north of 50, reflective of an expansionary manufacturing economy, for 18 consecutive months through January 2011. In fact the PMI hit 61 in January, its highest level since May 2004. Our portfolio, being largely manufacturing centric, is experiencing stronger revenues… read more →